Export prices in February 2009
March 17, 2009
Export prices edged down 0.1 percent in February as a 1.7-percent drop in agricultural prices more than offset a 0.1-percent increase in nonagricultural prices. The drop in export prices followed a 0.5-percent increase in January; the index declined in each of the previous five months and decreased 4.5 percent for the year ended in February.
Agricultural prices fell for the fourth time in the past five months in February after rising 6.2 percent in January. The February decrease was led by lower prices for corn, wheat, and soybeans, all of which turned down after rising in January. Agricultural export prices fell 15.2 percent over the past year, the largest annual decrease since the index was first published in 1985.
Nonagricultural prices ticked up 0.1 percent for the second consecutive month in February, the first monthly advances for the index since July 2008. Despite the modest upturn, the index declined 3.3 percent for the February 2008-2009 period.
These data are from the BLS International Price program. Export price data are subject to revision. Learn more in "U.S. Import and Export Price Indexes – February 2009" (PDF) (HTML), news release USDL 09-0248.
Bureau of Labor Statistics, U.S. Department of Labor, The Economics Daily, Export prices in February 2009 on the Internet at http://www.bls.gov/opub/ted/2009/mar/wk3/art02.htm (visited April 29, 2016).
Recent editions of Spotlight on Statistics
Employment and Wages in Healthcare Occupations
Healthcare occupations are a significant percentage of U.S. employment. Some of the largest and highest paying occupations are in healthcare. This Spotlight examines employment and wages for healthcare occupations.
Fifty years of looking at changes in peoples lives
Longitudinal surveys help us understand long-term changes, such as how events that happened when a person was in high school affect labor market success as an adult.
- A look at pay at the top, the bottom, and in between
The Spotlight examines how earnings and wages have changed over time and how they differ within a geographic area, industry, or occupation.